{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-057996","form_type":"8-K","ticker":"BRN","cik":"0000010048","company_name":"BARNWELL INDUSTRIES INC","filed_at":"2023-12-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.797313+00:00","generated_at":"2026-06-07T11:05:01.317408+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Barnwell Industries reports FY2023 net loss of $961K, plans sale of Hawaii drilling segment","bullets":["FY2023 revenue $25.3M, net loss $961K ($0.10 per share); Q4 revenue $6.8M, net loss $96K.","Oil, natural gas, and NGL prices fell 20%, 43%, and 33% YoY respectively.","Production rose: oil +12%, natural gas +31%, NGL +8% YoY, driven by new Canada wells.","Agreed to sell Hawaii water well drilling operation, expected close early 2024.","Invested $5.35M in Permian Basin wells and $4.77M in Twining area wells during FY2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-057996","json":"https://secwatch.observer/filing/0001140361-23-057996.json","markdown":"https://secwatch.observer/filing/0001140361-23-057996.md","text":"https://secwatch.observer/filing/0001140361-23-057996.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/10048/000114036123057996/0001140361-23-057996-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/10048/000114036123057996/ef20016795_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T11:05:01.317408+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"39e9b4870f0486bb26fe4279e8f0a60826cbeff9","claim":"BARNWELL INDUSTRIES INC reported the fourth quarter ended September 30, 2023 results: revenue $6.8 million, net income a net loss of $96,000, EPS a loss of $0.01 per share.","evidence_excerpt":"The Company reported consolidated revenue of $6.8 million and a net loss of $96,000 which equates to a loss of $0.01 per share for the fourth quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/10048/000114036123057996/0001140361-23-057996-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended September 30, 2023"},{"label":"Revenue","value":"$6.8 million"},{"label":"Net income","value":"a net loss of $96,000"},{"label":"EPS","value":"a loss of $0.01 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b9b8f209fea167111793a9cd7f37923c88516def","claim":"BARNWELL INDUSTRIES INC reported the year ended September 30, 2023 results: revenue $25.3 million, net income a net loss of $961,000, EPS a loss of $0.10 per share.","evidence_excerpt":"and $25.3 million in full year consolidated revenue, with a net loss of $961,000 for the full year, or a loss of $0.10 per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/10048/000114036123057996/0001140361-23-057996-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended September 30, 2023"},{"label":"Revenue","value":"$25.3 million"},{"label":"Net income","value":"a net loss of $961,000"},{"label":"EPS","value":"a loss of $0.10 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}